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June 29, 2019 06:01 pm GMT

Softbank and Toyota-backed mobility venture gains five more automakers

MONET Technologies, a joint venture launched by Softbank and Toyota to provide on-demand mobility services eventually with an autonomous module bus, has five new partners. Five Japanese automakers including Isuzu Motors, Suzuki Motor Corp., Subaru, Daihatsu and Mazda will each invest 2% in the venture. Softbank and Toyota each own 35% of the company. Honda […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/g-AAcPpTsmg/

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